AIGH Capital Management LLC Acquires New Holdings in Bk Technologies, Inc. $BKTI

AIGH Capital Management LLC acquired a new position in Bk Technologies, Inc. (NYSEAMERICAN:BKTI) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 99,009 shares of the company’s stock, valued at approximately $8,364,000. Bk Technologies makes up about 2.4% of AIGH Capital Management LLC’s investment portfolio, making the stock its 15th largest position.

Other large investors have also made changes to their positions in the company. Geode Capital Management LLC lifted its holdings in shares of Bk Technologies by 107.8% during the second quarter. Geode Capital Management LLC now owns 63,301 shares of the company’s stock worth $2,984,000 after buying an additional 32,844 shares during the last quarter. Ritholtz Wealth Management boosted its position in shares of Bk Technologies by 4.5% during the 3rd quarter. Ritholtz Wealth Management now owns 38,003 shares of the company’s stock valued at $3,210,000 after acquiring an additional 1,627 shares in the last quarter. American Century Companies Inc. boosted its holdings in Bk Technologies by 167.6% during the second quarter. American Century Companies Inc. now owns 34,166 shares of the company’s stock valued at $1,610,000 after purchasing an additional 21,397 shares in the last quarter. Panagora Asset Management Inc. bought a new stake in Bk Technologies in the second quarter valued at $1,095,000. Finally, Ameriprise Financial Inc. bought a new stake in shares of Bk Technologies in the 2nd quarter worth about $938,000. Institutional investors and hedge funds own 55.05% of the company’s stock.

Bk Technologies Trading Down 6.8%

NYSEAMERICAN BKTI opened at $79.20 on Friday. The company has a 50 day moving average of $74.03 and a 200-day moving average of $67.02. Bk Technologies, Inc. has a 1-year low of $26.20 and a 1-year high of $89.23. The firm has a market cap of $295.42 million, a price-to-earnings ratio of 23.93 and a beta of 0.47.

Bk Technologies (NYSEAMERICAN:BKTI) last announced its earnings results on Thursday, November 6th. The company reported $1.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.96 by $0.31. The company had revenue of $24.41 million for the quarter, compared to analyst estimates of $22.10 million. Bk Technologies had a net margin of 15.71% and a return on equity of 40.39%. Bk Technologies has set its FY 2025 guidance at 3.800-3.800 EPS.

Bk Technologies Profile

BK Technologies Corporation is a designer and manufacturer of professional two-way radio communications equipment and systems. The company’s product portfolio includes portable radios, mobile radios, repeater and dispatch consoles, antennas and related accessories. BK Technologies serves a broad range of end markets that require reliable voice and data communications, including public safety agencies, government entities, utilities, transportation, oil and gas, mining and commercial applications.

BK Technologies offers both analog and digital radio platforms, supporting industry standards such as Project 25 (P25) for mission-critical communications.